Scottish Widows Bank is a premium mortgage lender with a reputation for serving professionals, contractors, and high-net-worth individuals who need tailored lending solutions. They offer high income multiples, interest-only options, and later-life flexibility — all assessed with a personal, manual approach.
At Mortgage Knight, we recommend Scottish Widows Bank for clients who want smart, adaptable mortgage solutions from a respected lender that understands complex profiles.
If you’re a professional, business owner, or high earner looking for a flexible mortgage that fits your life, Scottish Widows Bank is a great option — especially with a broker on your side.
Speak to Mortgage Knight today, and we’ll tailor your application to match Scottish Widows’ criteria — with smart structuring and expert advice at every step.
A: Registered professionals such as doctors, solicitors, teachers, engineers, dentists, architects, and accountants typically qualify. This can unlock higher income multiples and greater flexibility.
A: Yes. They offer interest-only and part-and-part mortgages, provided there is a clear repayment strategy, such as sale of a property, pension drawdown, or investment portfolio.
A: Borrowing can reach 5–5.5x your income depending on profession, credit status, and repayment method — especially for high earners or dual-income applicants.
A: Scottish Widows will accept salary + dividends, or retained profit, depending on your setup. Typically, 2 years of accounts are required, but strong one-year cases may be considered.
A: Yes. Day-rate contractors are accepted using a gross annualised calculation: daily rate × 5 × 46 weeks. Umbrella structures can also be considered.
A: Yes. Scottish Widows is one of the more flexible lenders when it comes to later life lending, especially if you have pension income, savings, or downsizing plans.
A: Yes. Their mortgage products are only available through intermediaries like Mortgage Knight, giving you access to expert packaging and personal underwriting.
